# Synapticon

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/synapticon

- Industry: Electronics
- Headquarters: Germany
- Website: www.synapticon.com
- Latest round: Series C (Oct 2, 2021)
- Investors on record: 5

## About

Synapticon GmbH specializes in advanced motion control solutions, providing integrated products designed for high-performance applications in robotics and automation.Founded in 2010 in Germany, Synapticon develops motion control solutions, specifically designed for precision-critical environments. CEO Nikolai Ensslen leads the company, which has successfully raised a total of USD 11.50 mn through various funding rounds, with the most recent deal occurring on October 2, 2021, led by JOVA Direkt Invest GmbH. The company has completed a total of 5 deals to date.Synapticon specializes in advanced motion control solutions, offering integrated products such as SOMANET servo drives and the innovative POSITRON platform for robotic safety. Their SOMANET products include Integro and Circulo servo drives, optimized for high-performance applications in industries like robotics, automation, and mechanical engineering. These solutions cater to various clients, from robotic arm manufacturers to service robotics developers, focusing particularly on enhancing the functional safety of AI-controlled machines across global markets in Europe, North America, and Asia, including Germany, the USA, and China.Synapticon generates revenue primarily through direct sales of its motion control products and solutions to B2B clients, including robotic manufacturers and automation companies. Their transactions typically involve one-time purchases of hardware such as integrated servo drives and motion software, supported by ongoing consultancy services, fostering long-term partnerships. The advanced technology embedded in flagship products like the SOMANET Integro Servo Drive and POSITRON safety platform positions them competitively in the motion control market, ensuring sustained client relationships and continuous adoption across various critical applications.Following the recent funding round on October 2, 2021, Synapticon plans to utilize the raised USD 11.50 mn for further development of its product portfolio and operational growth. This includes designing new products aimed at expanding their offerings in the motion control market. The company is also pursuing entry into new geographic regions, with a focus on enhancing its presence in Asia and North America over the next few years.

## Funding rounds

- Series C, Oct 2, 2021 — Stabilus, ICT Capital
- Seed, Nov 5, 2012 — LBBW Venture Capital, High-Tech Gruenderfonds, MBG Baden-Wuerttemberg

## Investors

- LBBW Venture Capital (https://capitalatlas.ai/funds/lbbw-venture-capital) — Seed
- High-Tech Gruenderfonds (https://capitalatlas.ai/funds/high-tech-gruenderfonds) — Seed
- MBG Baden-Wuerttemberg (https://capitalatlas.ai/funds/mbg-baden-wuerttemberg) — Seed
- Stabilus — Series C
- ICT Capital (https://capitalatlas.ai/funds/ict-capital) — Series C